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rmjackson

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rmjackson

Re: None

Monday, 11/02/2015 1:08:36 PM

Monday, November 02, 2015 1:08:36 PM

Post# of 2161
Nothing but a trade
This is not the lowest price for SolarCity. The company has less than 3B in market cap, 113M in revenue, and less than 500M in cash. In comparison, Groupon has more cash on hand than Solarcity. Guidance is extremely low for 2016, too so I wouldn't buy this until it goes under $10. How is SolarCity going to raise cash for 2016 when every installation costs them money? Plus for the CEO to blame the weather during the busiest time for solar installation is a complete lie.
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